SEED Group Partners German Blockchain Firm Ubirch for UAE Expansion

  • Date: 30-Nov-2020
  • Source: Fintech News Middle East
  • Sector:Technology
  • Country:UAE
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SEED Group Partners German Blockchain Firm Ubirch for UAE Expansion

Venture capital firm SEED Group has partnered with German blockchain and cybersecurity specialist Ubirch.

As part of this agreement, SEED Group will facilitate Ubirch to expand its business portfolio in the United Arab Emirates (UAE) and the wider Middle East region by offering it an effective platform to reach potential customers and market its products and services in an efficient manner.

Based in Dubai, SEED Group is owned and chaired by the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, a billionaire member of Dubai's ruling Al Maktoum family. The group is a diversified entity seeking to establish strategic partnerships with various sectors to accelerate their presence in the Middle East.

A stable UAE base will allow Ubirch to stay in close proximity to prospective clients based out of the Middle East, Africa, and Asia regions.

SEED Group will act as a springboard for Ubirch and help it address many of the pressing issues in the fields of Internet of Things (IoT), cybersecurity, blockchain, fintech, and cryptocurrency.

Hisham Al Gurg

Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said,

"As the UAE focuses on building a digital future, our new partnership with Ubirch opens new avenues not